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$550,000
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Property Description
Prime opportunity in a coveted location! Nestled on a near1-Acre lot, this exceptional property offers incredible potential for investors, developers, or visionary homeowners. Whether you're looking to renovate the existing home or start from scratch with a custom new build, this expansive and serene lot provides the perfect canvas. Located in a prime, Federal Way area, you're just minutes from shopping, schools, parks, and easy freeway access-making it an ideal and rare chance to capitalize on the value of land in a premium setting. Don't miss this opportunity to create your dream home or a profitable investment. Opportunities like this don't come often-bring your vision and unlock the full potential of this great investment property!
Full Property Details
Full Property Details for 35806 1st Ave S
General
- Sold For: $550,000
- Taxes: $5,578 (2025)
- Status: Closed
- Type: Single Family
- Source: NWMLS
- MLS ID: 2402686
- Added to Site: 194 day(s) ago
Interior
- Interior Features: Dining Room, Fireplace
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Dishwasher(s), Microwave(s)
- Flooring: Laminate, Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Upper - Full Baths: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Upper: 1
- Bedrooms Main: 2
Parking
- Parking Features: None
Location
- Area: 110 - Dash Point/Federal Way
- County: King
- Subdivision: Federal Way
- Driving Directions: From Pacific Hwy go west to 1st Ave S., left on 1st and home will on the left side on 358th block
- Direction Faces: West
School Information
- High School District: Federal Way
- Elementary School: Buyer To Verify
- Middle School: Buyer To Verify
- High School: Buyer To Verify
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Septic Tank, Sewer Connected
- Water: Public
Structural Information
- Structure Type: House
- Exterior Const.: Wood
- Basement Desc.: Finished
- Foundation: Block, Poured Concrete
- Roof: Composition
- Entry Location: Main
- Square Feet: 2,810
- Finished Total: 2,810 Sq. Ft.
- Year Built: 1922
Lot Features
- Property View: Territorial
- Lot Size (Acres): 0.9214
- Lot Size (Sq. Ft.): 40,135
- Lot Size Source: Realist
- Lot Features: Corner Lot, Paved
Financial Considerations
- Tax Amount: $5,578
- Tax Year: 2025
- Terms: Cash Out, Conventional, Rehab Loan
Disclosures and Reports
- Special Conditions: None
- Inclusions: Dishwasher(s), Microwave(s)
- Property ID: 2921049042
Listed by Mary King | Berkshire Hathaway HS NW | (253) 946-4000
Sold by Aleksander Prokhor | Berkshire Hathaway HS NW
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Schools
Schools serving 35806 1st Ave S
School District:Federal Way School District
| Name | Grades | Distance |
|---|---|---|
Illahee Middle School 36001 1st Avenue South, Federal Way, WA 98003 | 6-8 | 0.3 mi |
Enterprise Elementary School, Federal Way, WA 35101 5th Avenue Southwest, Federal Way, WA 98023 | K-5 | 0.6 mi |
Todd Beamer High School 35999 16th Avenue South, Federal Way, WA 98003 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 35806 1st Ave S
Date
Details
Price
Change
Source
8/29/2025
Sold
$550,000
-1.79%
MLS
7/08/2025
Listed
$560,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
35806 1st Avenue S, Federal Way, WA 98003 (MLS# 2402686) is a Single Family property that was sold at $550,000 on August 29, 2025. Want to learn more about 35806 1st Avenue S? Do you have questions about finding other Single Family real estate for sale in Federal Way? You can browse all Federal Way real estate or contact a Coldwell Banker agent to request more information.

